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The details of weekly output and input for a fabrication process are as follows: output is 400 units, with a standard selling price of $100 per unit. For the week, total labor costs are: 10 workers at 40 hours for the week, are paid $15 per hour. Total material costs for the 400 units are $5,000. Weekly overhead is charged at the rate of 1.5 times the labor costs. What is the multifactor productivity for the week?
Rights and Liabilities
Legal entitlements and responsibilities held by individuals or entities under the law.
Surviving Corporation
The remaining, or continuing, corporation following a merger.
Assets and Liabilities
Elements of a financial statement; assets represent resources owned, while liabilities represent obligations owed.
Disappearing Corporation
A scenario where a corporation intentionally vanishes or dissolves, often to evade legal responsibilities or liabilities.
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